13. 14. 15. Digital image a ba help reduce paper in the billing/accounts receivable/cash receipts process are stored in slectronic folders may be scanned or created via software all of the above Which of the following statement le true? 6 In a prebilling system, invoices are prepared after the goods have been shipped and the sales order notification has been matched to the shipping' In poatbilling system, invoices are prepared upon acceptance of the customer order, and there is a separate sales order document as such of billing systems, the prehilling system requires the more accurate inventory recorde. of the the two types of of the two types et billing systems, the prebilling system is appropriate in situations where there is a significant delay between acceptance of the customer a oeder and its shipeent Which of the following is not an external entity for the billing/accounts receivable/cash receipta proces order entry/sales process Loventory pro general ledger 16. 17. 18. Which of the following is stint commonly associated with the treamiry function? recording of event data. 6. security of tunde 0. d reporting of results of business events maintaining accounting records The accounts receivable systes in which all the outstanding invoices are listed is called the d. balance-only system balance-forward system open-item systes postbilling system An overall management objective is to minimize the number of sales transactions b minimize the total amount of accounts receivable i 4. minimize the time from the beginning of the selling process to the end of cash collections maximize the amount of float